Properties / 9514 W Avalon Drive
FHA ASSUMABLERate: 6.85%

9514 W Avalon Drive

$535,000
Phoenix, AZ 85037
4 beds3 baths2,274 sqftSingle Family
The assumable advantage
6.85%
FHA assumed rate
$39,326 interest already paid off
Estimated Loan Balance$490,132
Cash to close$45,313
Est. Monthly PITI$3,688
Initial Loan Amount$494,861
Time on site21 days
Remaining Term28 years, 11 months
Seller's equity (what you pay)
$44,868
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Welcome to modern Arizona living in Western Garden Horizon! This beautifully designed 4-bedroom, 3-bathroom single-level home offers approximately 2,274 SF of stylish, functional living space. The open-concept great room, kitchen and dining area create an inviting space for everyday living and entertaining, while the versatile front living area is ideal for a home office, den or flex space. The spacious primary suite offers a private retreat, with three additional bedrooms providing room for family, guests or work-from-home needs. Enjoy Arizona evenings on the covered patio and the added benefit of a completed backyard. No waiting on landscaping or starting from dirt! Conveniently located near shopping, dining, entertainment and major transportation routes.

How assumption works for this home

Can I assume this FHA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.

How much cash do I actually need?

You need to cover the seller's equity of $44,868. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms4
Bathrooms3
Square feet2,274
Property typeSingle Family
MLS #7069410
CountyMaricopa County
Assumable loanFHA
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Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
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Payment & cash calculator

Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.

Est. mortgage payment (P&I)
$3,249/mo
Source est. payment (PITI)
$3,688/mo

P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.

Estimated equity gap$44,868

Asking price minus remaining loan balance. Closing costs are additional.

$0$44,868
Additional funds needed$0

The equity gap is covered. Closing costs and assumption fees still need to be confirmed.